First Merchants (FRMEP) Interest Coverage Ratio (2010 - 2026)

First Merchants has reported Interest Coverage Ratio for 17 years, with the latest figure at 1.06 in Q2 2026.

• On a quarterly basis, Interest Coverage Ratio fell 18.24% year-over-year to 1.06 in Q2 2026; TTM through Jun 2026 was 1.02, a 16.32% decrease from a year earlier, with the FY2025 full-year figure at 0.91, down 10.56% from the prior year.
• Interest Coverage Ratio was 1.06 for Q2 2026 at First Merchants, up from 1.2 in the prior quarter.
• The five-year high for Interest Coverage Ratio was 0.78 in Q2 2024, with the low at 9.05 in Q1 2022.
• Average Interest Coverage Ratio over 5 years is 1.99, with a median of 0.95 recorded in 2023.
• The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio plunged 39.79% in 2022, then soared 85.9% in 2023.
• Over 5 years, Interest Coverage Ratio stood at 2.03 in 2022, then soared by 52.55% to 0.96 in 2023, then grew by 6.66% to 0.9 in 2024, then retreated by 4.71% to 0.94 in 2025, then retreated by 12.6% to 1.06 in 2026.
• The last three Interest Coverage Ratio figures came in at 1.06 (Q2 2026), 1.2 (Q1 2026), and 0.94 (Q4 2025), per Business Quant data.